Ways to Give

Cash or Check

Cash, usually in the form of a check, is the most common way to make a charitable gift. A gift of cash is considered made on the date it is hand-delivered or mailed. Tax benefits may be available for such gifts. You may also make contributions using Visa, MasterCard or American Express cards.

Stocks & Securities

CBE is pleased to accept donations of publicly traded securities. Electronic delivery of stock shares is the most secure and expedient delivery process available and provides efficient internal control as well as cost savings. However, you may also transfer certificates directly.

How it works:

You transfer securities to CBE.

CBE sells your securities and uses the proceeds for its programs.

Benefits:

You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.

You pay no capital gains tax on the securities you donate.

You can direct your gift to a specific fund or purpose.

You have the satisfaction of making a significant gift now or funding a life-income gift that benefits CBE later.

Notification of Donor Intent

Regardless of the method chosen to deliver a gift of stock, the donor or the transferring broker must provide the following information, for audit and acknowledgement purposes: the donor’s name and complete address and the name and number of securities transferred. You may provide a letter or send an email to communicate this information at time of transfer to:

For more information, contact Margaret Friedman at (718) 768-3814 ext. 204 or mfriedman@cbebk.org.

Savings & Retirement Accounts

Congregants can donate any funds in their bank accounts, money markets, Individual Retirement Accounts (IRAs), KEOGH plans, and other retirement and pension funds. Consult with your tax advisor for potential income and estate tax benefits that may result from such transfers. For more information, contact Margaret Friedman at (718) 768-3814 ext. 204 or mfriedman@cbebk.org.

Matching Gifts

Many companies have programs through which they will match charitable contributions made by their employees. Some companies may double or even triple the value of your gift. Through corporate gift matching, your employer can multiply your generous support to CBE. Check with your company’s human resources department to determine if they offer a matching gift program. When you make a gift to CBE, please include your company’s gift matching form with your donation. For more information, contact Margaret Friedman at (718) 768-3814 ext. 204 or mfriedman@cbebk.org.

Bequests

Donors may designate Congregation Beth Elohim in their wills as a beneficiary of all or a portion of any of their assets, including cash, stock, real estate, furniture, artwork, closely held stock, etc. In the case of retirement plans (including pensions, Keogh’s IRA’s and annuities), donors wishing to name Congregation Beth Elohim as the recipient of such assets upon their death (or the death of their surviving spouse) should simply change the beneficiary designation form supplied by the specific plan. Your tax advisor can describe the potential income tax and estate tax benefits that your family might enjoy under such an arrangement. For more information, contact Margaret Friedman at (718) 768-3814 ext. 204 or mfriedman@cbebk.org.

Charitable giving is an important part of Judaism and is vital to our congregation. We depend on your act of generosity and kindness - of Tzedakah - to support our programs and facilities and help us meet the needs of our growing and diverse synagogue community.